Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Ossineke

Learn about the people, housing, costs and businesses in Ossineke, Michigan

Median Home$166,405
Median Rent$779/month
Population912
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services17% healthcare
Home Value Growth⬆⬆+15.2% over 2 years
Retirees25% of residentsabove average nationally
Homeowners90% of occupied units
NotableVeteran Community16% of residents · top 1% nationally
NotableAffordable Market$166k median home · lower cost than 67% of the country
Ossineke
MI

Frequently Asked Questions

What are today's mortgage rates in Ossineke?

As of today, the 30-year fixed mortgage rate for Ossineke is approximately 6.931% (6.968% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Ossineke
What is the median home price in Ossineke?

The median home value in Ossineke is $166k. The median monthly rent is $779. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ossineke?

Home values in Ossineke have increased 15.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ossineke?

Based on a typical all-in ownership cost of $754/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ossineke is $54k/year.

Calculate your buying power
What industries drive the economy in Ossineke?

The largest employment sectors in Ossineke are public administration (23%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.